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HomeNewsTunisia: ASSAD’s sales up 25.5% at end of September

Tunisia: ASSAD’s sales up 25.5% at end of September

The Tunisian Accumulator Company ASSAD has published its activity indicators as at September 30, 2019.

These indicators show a 25.5% increase in turnover compared to the same period of 2018, up from 64.2 to 80.6 million dinars.

On the local market, the turnover grew 22.9% compared to the same period in 2019. It rose from 22.7 MD to 27.9 MD.

For the export market, turnover increased by 27% from 41.4 MD to 52.6 MD.

Production at the end of September shows an increase of 7.8% compared to September 30, 2019. The investments of the period were of the order of 2 million dinars.

As for the total indebtedness of the company, it increased by 1.9% compared to September 30, 2018 to reach 56.5 million dinars including 25 MD of bonds convertible into shares.

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